BoG Gov – Hikes in inflation rate will fizzle out by summer

Greek Prime Minister Kyriakos Mitsotakis on Thursday met with Bank of Greece (BoG) Gov. Yannis Stournaras, with sources later referring to an exchange of views on the current economic environment, both in Greece and the EU.

Stournaras hosted a working lunch for the Greek prime minister at the central bank’s headquarters.

The situation in the domestic banking sector was also discussed.

The same sources said the premier and central banker also focused on an uptick in the inflation rate, with the former requesting forecasts by the BoG.

According to reports, Stournaras estimated that a rise in prices is a “transient phenomenon” that will fizzle out gradually by the summer.

The same sources leaked a statement by which Mitsotakis said he will not declare a snap election.